In the early part of the 2000s, there was much talk of the BRIC countries – Brazil, Russia, India and China. These four markets were seen as rapidly developing examples of smart growth for other emerging economies around the world. Since the Great Recession, however, these four countries have grown at significantly different paces. China…
With Memorial Day, the unofficial start of summer, right around the corner, all eyes will turn southward to Brazil and the Olympic Games. While everyone hopes that the games are a success for the host country, Brazil’s economy and business travel industry have both gone through the proverbial ringer recently, and the forecast remains markedly…
Senator Amy Klobuchar (D-MN) spoke this afternoon at the 14th Annual GBTA Legislative Symposium, an event that brings business travel professionals to Washington, D.C. to meet with lawmakers to share opinions on key industry issues. Senator Klobuchar spoke positively about the FAA bill passing in the Senate, which was received by applause. She spoke passionately…
With travelers and travel professionals of all stripes anticipating massive waits at the nation’s airports this summer, The Wall Street Journal reports on the TSA’s efforts to reduce wait times. Current wait times have become so long, that many passengers are missing their flights. The problem is expected to get worse as we enter the…
As we recently announced, China has overtaken the United States as the top business travel market in the world. This was one of the main findings of the recently released GBTA BTI Outlook China 2016 H1 that was sponsored by Visa. While some would see China overtaking the U.S. as positive indicator for the overall…
After welcoming more than 100 GBTA members to Washington, D.C. last night with a reception and a tour of the Capitol, today officially kicks off our 14th annual Legislative Symposium. Over the next two days, GBTA members will advocate for the future of the business travel industry and ask lawmakers to pass the FAA now,…
Rep. John Katko (R-NY) was a featured speaker today at the 14th Annual GBTA Legislative Symposium, an event that brings business travel professionals to Washington, D.C. to meet with lawmakers to share opinions on key industry issues. Rep. Katko spoke passionately about the bills he has worked so hard to get passed in the House….
In 2015, the global economic growth rate grew at its slowest rate since 2009. This stagnant growth had a clear impact on international outbound (IOB) travel from the United States according to GBTA’s BTI 2016 Q1 Outlook, which was sponsored by Visa. For years IOB travel growth was a key driver of the economic recovery…
2016 is off to a slow start for business travel for both group and individual business travel according to GBTA’s BTI Outlook – United States 2016 Q1, which was recently released and sponsored by Visa. The study found there was paltry growth for individual business travel volume, which grew 0.3 percent in 2015 and actually…
First announced in 2014, The Gift of Knowledge Initiative was created to implement an innovative and comprehensive program to further develop the travel management profession in China. In 2015, more than 200 individuals were able to participate in the inaugural delivery of workshops in Beijing, Shanghai and Shenzhen bringing travel professionals together to discuss timely…
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